Major domain services Ethereum Name Service ($ENS) announced on November 2nd its transition to a decentralized autonomous organization (DAO). $ENS We have acquired tokens and are currently recruiting representatives for the DAO. The launch tweet states that although most features run automatically and no one can tamper with the registration, there are still some that require human intervention.
Ethereum Name Service ($ENS) The current government is$ENS Root multisig passes control of existing multisig $ENS Management of the Treasury, its future funds, and.$ETH Registrar Agreement responsible for pricing and registration mechanisms.$ETH name. The first business order is $ENS The DAO will formally request these. $ENS root multisig keychainThe current multi-signature trust model will be retired in favor of decentralized autonomous organizations (DAOs) governed by community-voted representatives.
in particular, $ENS Root multisig passes control of existing multisig $ENS Management of the Treasury, its future funds, and.$ETH Registrar Agreement responsible for pricing and registration mechanisms.$ETH name the new one $ENS Dao.
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The protocol has already proposed a constitution and asks community members to apply for DAO representative positions here. They also $ENS The token airdrop took place yesterday and we hope to have it all up and running by next week, by which time the rest of the work will also begin. Therefore, the Ethereum Name Service ($ENS) Recently!
About the Ethereum name service ($ENS)
Ethereum wallet addresses are complex and cannot be deciphered by humans. This makes it difficult for users to work with them. For example, if you want to transfer funds to your Ethereum wallet, you might accidentally enter a long random address and have to check it multiple times to make sure it’s the correct one. It’s easy to make mistakes there.
Ethereum name service or $ENS It solves this problem by using smart contracts to link complex Ethereum addresses that cannot be deciphered by humans to simple .eth domains (among other variants). For example, you can bind the address 0xb4b3351918a9bedc7d386c6a685c42e69920b34d to something.eth. Interactions and tasks have become easier.
No need to copy/paste long addresses and hope everything goes well. Just buy a simple, low-cost domain and start receiving cryptocurrencies, assets, and NFTs. of $ENS The domain itself is an ERC-721 compliant NFT and can also be traded. You can read how to get it. $ENS Name it here.
$ENS The domain is already integrated into a large part of the crypto ecosystem and is growing every day. Currently compatible with Coinbase, Rainbow, Trust Wallet, MyCrypto, MetaMask, Huobi, and more. DApps that support domains are Uniswap, Etherscan, Tornado Cash, The Graph, and Aavegotchi.
